Purchased laptop and other electronics items for my business on my personal credit card in the USA

do the translations and I believe you dont have accruals to deal with translation gains or losses. recognize them asap

I hope you are   one of the Director of the company .  you can pass entry in the Companies books as follows.

Laptop A/c Dr ( Asset)
To Rajah ( Director )  A/c Cr
( Laptop purchase for Company paid by Rajah)

Show Rajah A/c under Sundry Creditors, liability
side Balance sheet.



Latter on Company will pay back to Rajah

Rajah A/c ( Director ) Dr
To Bank A/c Cr
( payment made to Rajah)

Similarly you Can pass entry for Electronics Items also.If you paid any taxes then you have Debit  those taxes in above first entry 

Originally posted by : Yasaswi Gomes new
	do the translations and I believe you dont have accruals to deal with translation gains or losses. recognize them asap

I was joking for just once. Since your.a novise recognise translation losses and gains. If you listen to others your auditor will correct you. They try to show off they know better than reporting. It's nothing but do the translations gains and losses or else give me. Cnditions of your credit card with international purchases. Travel card is best.

There is no name on the bill. There were purchased in the retail store with my personal credit card.